Health Insurance comparison
Aditya Birla vs Bajaj General
Aditya Birla and Bajaj General are evenly matched overall. The right pick depends on the dimensions you weight most.
IRDAI figures side by side
| Measure | Aditya Birla | Bajaj General |
|---|---|---|
| Claim settlement ratio (latest year)Claims paid out of claims decided, by number. 95% or more is strong; below 90% is a flag. | 95.94% in FY 2024-25 | 97.39% in FY 2024-25 |
| Claims counted in that yearBelow 1,000 claims, the ratio swings too much to compare. Each insurer's review names the exact IRDAI table used. | 24,12,454 reported, 22,84,121 paid | 30,99,721 reported, 29,10,885 paid |
| Three-year average claim settlement ratioShown only when all three years are available. | 95.85% | Not available |
| Incurred claims ratioClaims incurred as a share of premium earned, from IRDAI's Annual Report. | 75.97% in FY 2024-25 | 90.01% in FY 2024-25 |
| Complaints to IRDAIGrievances reported, from IRDAI's Handbook. | 5,329 in FY 2024-25, 22.1 per 10,000 claims | 3,807 in FY 2024-25, 5.6 per 10,000 claims |
| Solvency ratioIRDAI's minimum is 1.50. | 1.84 at 31 Mar 2025 | 3.25 at 31 Mar 2025 |
Sources: IRDAI Handbook on Indian Insurance Statistics 2024-25, IRDAI Annual Report 2024-25 and insurers' NL-37 public disclosures. Each insurer's review lists the exact table and link. See how we calculate these.
On the latest claim settlement ratio, Bajaj General is ahead. A ratio is one year's record, so weigh it with complaints and the plan wording.
Side-by-side scores
| Dimension | Aditya Birla | Bajaj General | Winner |
|---|---|---|---|
| Overall score | 8/10 | 8/10 | Tie |
| Claim settlement | 8.1/10 | 8.1/10 | Tie |
| Value | 7.8/10 | 7.9/10 | Bajaj General |
| Customer service | 7.6/10 | 7.7/10 | Bajaj General |
| Digital experience | 8/10 | 7.8/10 | Aditya Birla |
| Flexibility | 8.2/10 | 8.2/10 | Tie |
Aditya Birla
8/10Useful for wellness-focused buyers and people managing lifestyle conditions.
Pros
- Strong wellness rewards
- Good chronic-care positioning
- Large cashless network
Cons
- Rewards can distract from core policy wording
- Senior plans need co-pay and limit checks
- Some benefits depend on health activity
Bajaj General
8/10Large private insurer with broad plan choice and strong family-cover variants.
Pros
- Large plan menu
- Strong family and maternity variants
- In-house health administration
Cons
- Too many variants can confuse buyers
- Older/basic plans may have room caps
- Premium-to-cover value must be compared
The verdict
On our scoring, Aditya Birla and Bajaj General are neck and neck. Decide by the dimensions you care about most, then confirm the specific plan or card wording.